Greek reform review making progress, Regling says

18 March 2016
760 Views

An international review by creditors of Greece’s reform program is advancing and it could be wrapped up by May 1, the head of the European Stability Mechanism (ESM) rescue fund told the Swiss newspaper Neue Zuercher Zeitung.

“There is progress but it is too early to say when exactly the review will conclude,” Klaus Regling was quoted as saying in an interview, adding that the ESM assumed Greece would need “significantly less” than the 86 billion euros ($97 billion)being discussed for a third assistance program.

Regling said the reform program had to be strictly separated from the refugee crisis that has swamped Greece with migrants, and said he did not believe any more countries such as Ireland, Portugal or Spain would need to tap ESM resources.

You may be interested

Covid-19 Greece – 566 new cases and 30 deaths on Tuesday
GREECE
shares11 views
GREECE
shares11 views

Covid-19 Greece – 566 new cases and 30 deaths on Tuesday

makis - Jan 20, 2021

The Greek authorities announced 566 new cases of the new coronavirus infection (COVID-19) Tuesday, of which 17 were identified after…

The award-winning Greek designer of Alfa Romeo
GREECE
shares16 views
GREECE
shares16 views

The award-winning Greek designer of Alfa Romeo

Panos - Jan 20, 2021

From the city of Kozani in Macedonia, Greece, to the world-renowned designing building of a global car manufacturer, Alfa Romeo,…

Impressive archaeological treasures found at Kasos (photos)
ART
shares13 views
ART
shares13 views

Impressive archaeological treasures found at Kasos (photos)

Panos - Jan 20, 2021

Impressive archaeological finds, including amphorae and pottery of various styles and eras, were discovered in shipwrecks found in the sea…

Leave a Comment

Your email address will not be published.